ok but my next question is when I get the list of foreclosures It lists the encumbrances next to the property do I still need to go to the courthouse and do the search and also when it goes to sale dont they already add all the encumbrances so you get a clear title when its purchased ?

We evicted him and then still had to deal with the city, but got the place inspected and are finally clear of it.  

This contract change in our area clearly favors the seller.

Ryan it seems clear wire only works in select cities.

Maybe that will clear it up.

In fact you can take the profit and find a home and pay cash for it free and clear and enjoy a nice chunk of positive cash flow every month for the rest of your natural life (as long as tenant is in place).

Right now I was thinking about purchasing to rent out for monthly cash flow maybe I can get something that is already tenant occupied I know I really need to get a clear picture of what it is I want to do first. all I know is that I need to do something while I still have the couraged.

Hi Dianna,There is no clear cut guidance, but we recommend that you refinance and then wait at least six (6) months prior to beginning a 1031 exchange.

I know a lot of car companies are building and opening plants in and around Memphis (such as Nissan) bringing a lot of jobs which = influx of more houses being built and new people to buy or rent a place to live.If you have timber on the land you can also talk to a timber company to have them come in and clear the timber on your land for a fee.

I'm not entirely clear on that.